NOT LISTED FOR SALE

38 Salem St Unit B Reading, MA 01867

Estimated Value: $752,000 - $816,752

3 Beds
2 Baths
1,958 Sq Ft
$402/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $660,000 $337 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,034/month

8 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Walter S. Parker Middle School Rated A-
  • Wood Flooring
  • 5-minute walk to Memorial Park

About This Home

As of August 2021

Beautifully Renovated Greek Revival has it ALL, Modern Updates with Old World Charm! Looking for a Condo with Single Family Feel and NO CONDO FEE, this is IT! First Floor Offers State of Art Kitchen with Granite Counters, S/S Appliances & Island! Entertain in the Oversized Family Room/Dining Room offering Wooden Window Shutters/Wide Pine Floors! The First Floor Is Completed with Master Bedroom/Bathroom/Walk In Closet along with 2 additional Bedrooms/Full Bath/Laundry. Need a 4th Bedroom or Home Office? Head to the Second Floor for Huge Bonus Area including extra storage or play area! Stunning Details include Crown Molding, Exquisite Staircases, Wainscoting & High Ceilings! Location is Key with Steps to Downtown for Dining/Shopping, T & Memorial Park & Just North of Boston! Beat the Summer Heat with Central AC! Other Items Include Extra/Private Storage in Basement & 4 Car Off Street Parking! Don’t Miss the Opportunity to Live in the Most Sought After Town of Reading!

Last Listed By

Kathryn Messina

Return Realty Group, Inc. Listed on: 07/22/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,572

Year Built

  • Built in 2005

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,958 Sq Ft Home
  • 2-Story Property
  • Wainscoting
  • Recessed Lighting
  • Play Room
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Coolidge Middle School
  • RMHS High School

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:022.007020257.0,4653542

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Damon Temple Homestead Condominium Community

Amenities

  • Common Area
  • Shops

Recreation

  • Tennis Courts
  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,572

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 2005
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood, Carpet, Flooring - Wall to Wall Carpet
  • Interior Amenities: Play Room
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Flooring - Hardwood, Recessed Lighting
  • Room Bedroom2 Area: 135.625
  • Room Bedroom3 Features: Flooring - Hardwood, Recessed Lighting
  • Room Bedroom3 Area: 170.625
  • Room Bedroom3 Level: Main
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Flooring - Hardwood, Recessed Lighting
  • Room Master Bedroom Level: Main
  • Room Master Bedroom Area: 156.986111
  • Master Bathroom Features: Yes
  • Bathroom 1 Area: 63.875
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Walk-In Closet(s), Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Second
  • Bathroom 2 Area: 53.263888
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Flooring - Hardwood, Cable Hookup, Recessed Lighting, Wainscoting
  • Room Dining Room Level: Main
  • Room Dining Room Area: 144.576388
  • Room Family Room Level: Third
  • Room Family Room Features: Closet, Flooring - Hardwood
  • Room Family Room Area: 320.895833
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances
  • Room Kitchen Area: 208.833333
  • Laundry Features: Second Floor, In Unit, Washer Hookup
  • Room Living Room Level: Main
  • Room Living Room Area: 281.916666
  • Room Living Room Features: Flooring - Hardwood, Cable Hookup, Recessed Lighting, Wainscoting
  • Accessibility Features: No
  • Living Area: 1958
  • Stories Total: 2
  • MAIN LO: AN4339
  • LIST PRICE PER Sq Ft: 331.92
  • PRICE PER Sq Ft: 337.08
  • MAIN SO: G62122

Exterior Features

  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Highway Access, Private School, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: B
  • MANAGEMENT: No Management

Fee Information

  • Association Fee Includes: N/A

Lot Info

  • Parcel Number: M:022.007020257.0,4653542
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 270
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7572
  • Tax Book Number: 70133

Multi Family

  • Number Of Units Total: 2
  • NO UNITS OWNER OCC: 2

MLS Schools

  • High School: Rmhs
  • Middle Or Junior School: Coolidge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 31, 2021
Sold by
Mcelhiney John and Santoro Christina
Bought by
Das Soumen and Das Patralekha
Seller's Agent
Kathryn Messina
Return Realty Group, Inc.
Buyer's Agent
Team Lillian Montalto
Lillian Montalto Signature Properties
List Price
$649,900
Sold Price
$660,000
Premium/Discount to List
$10,100
1.55%
Total Days on Market
8
Current Estimated Value
$787,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,938
Avg. Annual Appreciation
5.06%
Original Mortgage
$585,000
Outstanding Balance
$538,074
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$254,067

Purchase Details

Listed on
Sep 14, 2017
Closed on
Oct 26, 2017
Sold by
Ward Priscilla and Ward Aaron
Bought by
Mcelhiney 3Rd John and Santoro Christina
Seller's Agent
Mark Nelson
Leading Edge Real Estate
Buyer's Agent
Kathryn Messina
Return Realty Group, Inc.
List Price
$489,900
Sold Price
$505,000
Premium/Discount to List
$15,100
3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$454,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2010
Sold by
Cerullo Bruce A
Bought by
Ward Priscilla and Ward Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2007
Sold by
Tremblay Diane A and Tremblay Mark
Bought by
Cerullo Bruce A

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Reading, MA

  • 2 Leaning Elm Dr, Reading, MA 01867

    $640,000

    • 2 Beds
    • 1.5 Baths
    • 1,372 Sq Ft
    • 2 Leaning Elm Dr
    • Reading, MA

    **SUN OH CANCELED**Nestled beautifully in downtown Reading, MA, this 1,372 sq. ft. condo offers the perfect blend of modern amenities and quaint neighborhood charm. As you step inside, you're greeted by gleaming hardwood floors that flow throughout the open-concept living area. Like to entertain? The kitchen is a dream with lots of granite countertop space, white cabinetry, subway tile

    Karen Jewett LAER Realty Partners

    Section Image
  • 48 Village St Unit 1001, Reading, MA 01867

    $724,900

    • 2 Beds
    • 2.5 Baths
    • 1,500 Sq Ft
    • 48 Village St
    • Unit 1001
    • Reading, MA

    Brand new bright, airy and classy 2 bedroom town home in a beautiful new 4 unit construction. Short distance to train and center with it's fabulous array of restaurants and wonderful shops. Also very close to grocery stores and major routes. Just when you thought you would have to settle for a fixer upper along came these 2 and 3 bedroom townhomes with 2 car driveway parking and yard area.

    Bobbie Botticelli Colonial Manor Realty

    Section Image
  • 48 Village St Unit 2001, Reading, MA 01867

    $799,900

    • 3 Beds
    • 2.5 Baths
    • 1,500 Sq Ft
    • 48 Village St
    • Unit 2001
    • Reading, MA

    The aura and feel of a big city townhome with the serenity and homey feel of a lovely suburb.The bright airy open floor plan lends itself to optional room placements.The desireable Bausch applianced white kitchen, a fireplaced living room & hardwood floors thruout are just the tip of the upgrade list. In unit laundry, abundance of closets and sun lit rooms entice you to entertain family and

    Bobbie Botticelli Colonial Manor Realty

    Section Image
  • 48 Village St Unit 2002, Reading, MA 01867

    $799,900

    • 3 Beds
    • 2.5 Baths
    • 1,500 Sq Ft
    • 48 Village St
    • Unit 2002
    • Reading, MA

    ATTENTION HUGE PRICE ADJUSTMENT ! Stop looking for the perfect townhome community...this is it. Brand new single bldg with 4 townhomes .Two have 2 bedrooms and two have 3 bedrooms. Of course all the features you desire from gas fireplace to Romeo and Juliet balcony, plus another balcony and a deck. Closets galore, in unit laundry, kitchen with separate sunny eating area , formal dining and

    Bobbie Botticelli Colonial Manor Realty

    Section Image
  • 141 Johnson Woods Dr, Reading, MA 01867

    $929,000

    • 2 Beds
    • 2.5 Baths
    • 2,627 Sq Ft
    • 141 Johnson Woods Dr
    • Reading, MA

    Experience luxury and ease in this 2/3 bedroom end-unit townhouse at the highly sought-after Johnson Woods. Step inside to beautiful hardwood floors, oversized windows filling the home w/ natural light, & elegant custom details throughout. Designed for comfort & style, this home offers the option for first-floor living w/ a spacious primary suite featuring a walk-in closet & spa-like bath with a

    Cody Rogers

    Section Image

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Das Soumen $660,000 None Available
Mcelhiney 3Rd John $505,000 --
Ward Priscilla $400,000 --
Ward Priscilla $400,000 --
Cerullo Bruce A $415,000 --
Cerullo Bruce A $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Das Soumen $585,000
Closed Das Soumen $585,000
Previous Owner Mcelhiney 3Rd John $454,500
Previous Owner Ward Priscilla $392,755
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $660,000 +1.6% $337 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $649,900 +28.7% $332 / Sq Ft
10/26/2017 10/26/17 Sold $505,000 +3.1% $258 / Sq Ft
09/17/2017 09/17/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $489,900 -- $250 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,974 $700,100 $0 $700,100
2024 $7,835 $668,500 $0 $668,500
2023 $8,017 $636,800 $0 $636,800
2022 $7,590 $569,400 $0 $569,400
2021 $7,572 $548,300 $0 $548,300
2020 $7,479 $536,100 $0 $536,100
2019 $6,994 $491,500 $0 $491,500
2018 $6,355 $458,200 $0 $458,200
2017 $6,180 $440,500 $0 $440,500
2016 $6,112 $421,500 $0 $421,500
2015 $5,999 $408,100 $0 $408,100
2014 $5,675 $385,000 $0 $385,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72869694

MLS Property Information Network (MLS PIN)

APN: READ-000022-000702-000257